BANK PARTICIPATION IN FUTURES OPTIONS MARKETS

(IN CONTRACTS - NOT DELTA ADJUSTED)

REPORT DATE: 12/02/2008



                                          BANK     BANK        LONG            SHORT           CALL        LONG            SHORT             PUT
  COMMODITY NAME                          TYPE     COUNT       CALLS   %       CALLS   %       O. I.       PUTS    %       PUTS     %        O. I.


CBT WHEAT                                 U.S.        1          250  0.2        300  0.3    103,903           0  0.0        100   0.1     84,216
                                          NON U.S.    6        2,545  2.4        680  0.7                  1,605  1.9      2,180   2.6
                                                   ----    --------- ----  --------- ----              --------- ----  ---------  ----
                                                      7        2,795  2.6        980  1.0                  1,605  1.9      2,280   2.7

CBT CORN                                  U.S.        2          420  0.1          2  0.0    561,094           0  0.0         52   0.0    454,889
                                          NON U.S.    7       21,914  3.9     13,892  2.5                 17,317  3.8     13,514   3.0
                                                   ----    --------- ----  --------- ----              --------- ----  ---------  ----
                                                      9       22,334  4.0     13,894  2.5                 17,317  3.8     13,566   3.0

CBT SOYBEANS                              U.S.        1          250  0.1          0  0.0    217,737           0  0.0        900   0.5    184,512
                                          NON U.S.    7        3,172  1.5        675  0.3                  1,311  0.7      1,025   0.6
                                                   ----    --------- ----  --------- ----              --------- ----  ---------  ----
                                                      8        3,422  1.6        675  0.3                  1,311  0.7      1,925   1.1

NYME NO. 2 HEATING OIL, N.Y. HARBOR       U.S.        3        2,360  3.7        325  0.5     64,559       1,760  5.4        425   1.3     32,441
                                          NON U.S.    2        1,352  2.1        817  1.3                  1,317  4.1        990   3.1
                                                   ----    --------- ----  --------- ----              --------- ----  ---------  ----
                                                      5        3,712  5.8      1,142  1.8                  3,077  9.5      1,415   4.4

NYME HEATING OIL AVG PRICE OPTIONS        U.S.        3        7,632 10.3      1,104  1.5     74,287       3,075  5.6      6,668  12.2     54,847
                                          NON U.S.    3       12,385 16.7      5,770  7.8                  4,061  7.4      9,189  16.8
                                                   ----    --------- ----  --------- ----              --------- ----  ---------  ----
                                                      6       20,017 27.0      6,874  9.3                  7,136 13.0     15,857  29.0

NYME NATURAL GAS                          U.S.        1        4,360  1.0      1,125  0.2    454,134         662  0.2        475   0.1    332,597
                                          NON U.S.    4      245,450 54.0      1,212  0.3                242,700 73.0          0   0.0
                                                   ----    --------- ----  --------- ----              --------- ----  ---------  ----
                                                      5      249,810 55.0      2,337  0.5                243,362 73.2        475   0.1

NYME EUR STYLE NATURAL GAS OPTIONS        U.S.        3      158,561  5.0    199,401  6.3  3,141,152     195,243  6.7    158,864   5.4  2,927,458
                                          NON U.S.    9      151,854  4.8    425,943 13.6                183,045  6.3    382,089  13.1
                                                   ----    --------- ----  --------- ----              --------- ----  ---------  ----
                                                     12      310,415  9.8    625,344 19.9                378,288 13.0    540,953  18.5

CBT 10-YEAR U.S. TREASURY NOTES           U.S.        3       24,400  6.6     34,500  9.4    367,310      27,900  6.3     11,600   2.6    444,662
                                          NON U.S.   11       14,608  4.0     21,339  5.8                 24,780  5.6     14,469   3.3
                                                   ----    --------- ----  --------- ----              --------- ----  ---------  ----
                                                     14       39,008 10.6     55,839 15.2                 52,680 11.9     26,069   5.9

CBT 5-YEAR U.S. TREASURY NOTES            U.S.        2       15,526  6.9      4,650  2.1    225,895           0  0.0        950   2.0     47,756
                                          NON U.S.    4        2,300  1.0      6,875  3.0                  3,250  6.8      4,775  10.0
                                                   ----    --------- ----  --------- ----              --------- ----  ---------  ----
                                                      6       17,826  7.9     11,525  5.1                  3,250  6.8      5,725  12.0

CBT 30-DAY FEDERAL FUNDS                  U.S.        4        9,000  1.7      1,688  0.3    532,965       1,400  0.5     16,275   5.5    293,278
                                          NON U.S.   10       51,910  9.7     20,723  3.9                 10,195  3.5      1,000   0.3
                                                   ----    --------- ----  --------- ----              --------- ----  ---------  ----
                                                     14       60,910 11.4     22,411  4.2                 11,595  4.0     17,275   5.8

NYME ISO NEW ENGLAND LMP SWAP             U.S.        2          880  6.5         80  0.6     13,506           0  0.0          0   0.0     19,496
                                          NON U.S.    3        4,520 33.5      2,330 17.3                  7,940 40.7      4,310  22.1
                                                   ----    --------- ----  --------- ----              --------- ----  ---------  ----
                                                      5        5,400 40.0      2,410 17.9                  7,940 40.7      4,310  22.1

NYME CRUDE OIL, LIGHT SWEET               U.S.        4      120,220  5.2    142,297  6.1  2,329,719     140,225  6.0    155,078   6.7  2,322,572
                                          NON U.S.   20      358,316 15.4    417,107 17.9                361,725 15.6    303,871  13.1
                                                   ----    --------- ----  --------- ----              --------- ----  ---------  ----
                                                     24      478,536 20.6    559,404 24.0                501,950 21.6    458,949  19.8

NYME EUR STYLE CRUDE OIL OPTIONS          U.S.        4       17,962  5.6     38,019 11.8    321,736      38,325 11.1     34,545  10.0    346,673
                                          NON U.S.    8       47,594 14.8     52,732 16.4                 40,873 11.8     27,975   8.1
                                                   ----    --------- ----  --------- ----              --------- ----  ---------  ----
                                                     12       65,556 20.4     90,751 28.2                 79,198 22.9     62,520  18.1

NYME CRUDE OIL AVG PRICE OPTIONS          U.S.        4       59,705  9.6     75,045 12.1    621,129      36,055  6.6     51,922   9.5    544,637
                                          NON U.S.   11      162,860 26.2    153,096 24.6                177,364 32.6    171,619  31.5
                                                   ----    --------- ----  --------- ----              --------- ----  ---------  ----
                                                     15      222,565 35.8    228,141 36.7                213,419 39.2    223,541  41.0

NYME BRENT AVG PRICE OPTIONS              U.S.        3        4,650 12.1      7,644 19.9     38,504       2,200  9.2      3,750  15.8     23,805
                                          NON U.S.    2        6,630 17.2        950  2.5                  1,500  6.3      2,100   8.8
                                                   ----    --------- ----  --------- ----              --------- ----  ---------  ----
                                                      5       11,280 29.3      8,594 22.4                  3,700 15.5      5,850  24.6

ICUS SUGAR NO. 11                         U.S.        1        6,094  1.0      6,230  1.0    597,562       2,290  0.6     11,700   2.9    405,068
                                          NON U.S.    7       22,479  3.8     24,477  4.1                 17,685  4.4     18,491   4.6
                                                   ----    --------- ----  --------- ----              --------- ----  ---------  ----
                                                      8       28,573  4.8     30,707  5.1                 19,975  5.0     30,191   7.5

CMX SILVER                                U.S.        1          900  1.4      1,650  2.5     66,056         500  2.0      1,100   4.4     24,827
                                          NON U.S.    5        7,737 11.7      7,252 11.0                  3,193 12.9      2,565  10.3
                                                   ----    --------- ----  --------- ----              --------- ----  ---------  ----
                                                      6        8,637 13.1      8,902 13.5                  3,693 14.9      3,665  14.7

CMX GOLD                                  U.S.        1       20,748  7.6     32,055 11.7    273,686       8,229  5.4      7,772   5.1    152,804
                                          NON U.S.    8       29,011 10.6     38,336 14.0                 23,227 15.2     30,068  19.7
                                                   ----    --------- ----  --------- ----              --------- ----  ---------  ----
                                                      9       49,759 18.2     70,391 25.7                 31,456 20.6     37,840  24.8

CME JAPANESE YEN                          U.S.        2          760  1.1     17,990 27.1     66,305      18,060 24.8      9,015  12.4     72,715
                                          NON U.S.    3          200  0.3        198  0.3                    200  0.3      1,450   2.0
                                                   ----    --------- ----  --------- ----              --------- ----  ---------  ----
                                                      5          960  1.4     18,188 27.4                 18,260 25.1     10,465  14.4

CME 3-MONTH EURODOLLARS                   U.S.        9      282,720  2.3    333,310  2.8 12,037,433      99,154  1.4    165,220   2.3  7,208,227
                                          NON U.S.   36    1,713,172 14.2  1,713,374 14.2                885,591 12.3    898,487  12.5
                                                   ----    --------- ----  --------- ----              --------- ----  ---------  ----
                                                     45    1,995,892 16.5  2,046,684 17.0                984,745 13.7  1,063,707  14.8

CME E-MINI S&P 500 STOCK INDEX            NON U.S.    8        6,276  1.6      2,850  0.7    394,754         900  0.2      2,039   0.4    482,137